Brief: Incoax Carries Out Rights Issue

InCoax Networks AB

19/12/2023 09:35

Dec 19 (Reuters) - InCoax Networks AB  INCOAX.ST :
    * INCOAX CARRIES OUT A RIGHTS ISSUE OF APPROXIMATELY SEK
52.6
MILLION
    * COMPANY HAS RECEIVED SUBSCRIPTION UNDERTAKINGS OF
APPROXIMATELY
SEK 33.4 MILLION, CORRESPONDING TO APPROXIMATELY 63.5 PER CENT
OF RIGHTS ISSUE
    * IN AGGREGATE, RIGHTS ISSUE IS COVERED BY SUBSCRIPTION
UNDERTAKINGS AND GUARANTEE COMMITMENTS CORRESPONDING TO 100 PER
CENT OF RIGHTS ISSUE
    * RIGHTS ISSUE COMPRISES A MAXIMUM OF 36,052,364 SHARES, AT
A
SUBSCRIPTION PRICE OF SEK 1.46 PER SHARE
    * SUBSCRIPTION PERIOD IN RIGHTS ISSUE WILL RUN FROM AND
INCLUDING
10 JANUARY 2024 UP TO AND INCLUDING 24 JANUARY 2024

Source text for Eikon:  ID:nWkr19XVR8 
Further company coverage:  INCOAX.ST 

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